2026-03-14T13:06:46-07:00 2025-06-30 810390489 Boyle Deveny & Meyer PC 305 South 4th East Suite 200 Missoula MT 59801 990 2024-07-01 810467791 HABITAT FOR HUMANITY MISSOULA INC HABI 4065498210 PO BOX 7181 MISSOULA MT 59807 TODD FRANICEVICH Executive Dir. 2026-03-14 true true JUSTIN MEIDINGER CPA P02363254 4067213555 2024 2025-03-06 01:10:19Z PO BOX 7181 MISSOULA MT 598077181 740008 false X WWW.HABITATMSLA.COM X 1991 MT TO CREATE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES. CONSTRUCTED TWO SINGLE FAMILY HOMES USING MORE THAN 400 VOLUNTEERS WORKING OVER 13,000 HOURS. 6 6 16 600 0 163205 240039 198074 256939 38019 26287 104195 216743 503493 740008 5000 12342 0 312899 566614 0 126962 282844 433293 600743 1012249 -97250 -272241 3951946 3692278 485735 498308 3466211 3193970 X HABITAT FOR HUMANITY OF MISSOULA IS A NONPROFIT, ECUMENICAL, CHRISTIAN HOUSING MINISTRY DEDICATED TO THE ELIMINATION OF POVERTY HOUSING IN OUR COMMUNITY AND THROUGHOUT THE WORLD. false false 285601 240929 OTHER PROGRAM SERVICE EXPENSES OF $285,601 AND REVENUE OF $240,929 ARE THE PROGRAM RELATED EXPENSES AND REVENUE THAT ARE NOT INCLUDED IN THE CONSTRUCTION COSTS OR MORTGAGE DISCOUNT EXPENSES. THESE EXPENSES ARE CRUCIAL FOR THE MISSION AND GOALS OF THE ORGANIZATION. SEE PART IX FOR A BREAKDOWN OF THESE EXPENSES. THE REVENUE IS RENTAL INCOME OF $9,865 GRANTS AND CONTRIBUTIONS OF $231,064.RENTAL INCOME IS THE RESULT OF RENTAL OF PURCHASED LAND TO TENANTS AT AFFORDABLE RATES. THIS IS LAND THAT THE ORGANIZATION HAS PLANS TO BUILD ON IN LATER YEARS, BUT DOES NOT CURRENTLY HAVE THE FUNDING TO BEGIN CONSTRUCTION ON. 261687 250943 HABITAT RESTORE OPERATIONS FOR FY 2025 RESULTED $250,943 IN SALES AND $261,687 IN EXPENSES FOR NET LOSS OF $25,856. 198191 226070 CONSTRUCTION COSTS: HABITAT MISSOULA CONTINUED CONSTRUCTION OF ITS FIRST MULTIFAMILY TRIPLEX BUILDING IN FY 2025. CONSTRUCTION COSTS INCLUDE PURCHASED AND DONATED MATERIALS, PURCHASED AND DONATED PROFESSIONAL SERVICES, AND THE COST OF A SITE SUPERVISOR. CONSTRUCTION COSTS DO NOT INCLUDED DONATED LABOR FOR MORE THAN 600 VOLUNTEERS WORKING ON SITE DURING THE CONSTRUCTION SEASON. THE OFFSETTING REVENUE IS FROM THE SALE OF THE HOME TO A LOW-INCOME FAMILY. SECOND MORTGAGES, WHICH REPRESENT THE DIFFERENCE BETWEEN THE COSTS OF HOMES AND THEIR FAIR MARKET VALUES AT CLOSING, ARE NOT INCLUDED IN THE HOUSE SALE REVENUE. AS THE SECOND MORTGAGES ARE CONTINGENT RECEIVABLES, FAS 5, #83 REQUIRES THAT THE SECOND MORTGAGES ARE RECORDED ONLY IF AND WHEN THEY BECOME COLLECTIBLE. IF THE PARTNER FAMILIY HOLDS ONTO THE HOME LONG ENOUGH, THE SILENT MORTGAGE WILL BE FORGIVEN. 31935 MORTGAGE DISCOUNT EXPENSE: OUR LOW-INCOME PARTNER FAMILIES ARE ABLE TO AFFORD OUR HOMES PRIMARILY BECAUSE WE CHARGE NO INTEREST ON OUR MORTGAGES. AS WE ARE LOANING MONEY BELOW THE MARKET RATE, THERE IS AN ECONOMIC COST TO OUR ORGANIZATION. ACCORDING TO ACCOUNTING PRINCIPLES BOARD 21, AN ALLOWANCE IS CREATED BY DISCOUNTING THE MORTGAGES BASED UPON THE CURRENT MARKET INTEREST RATE OF SIMILAR MORTGAGES AT THE TIME OF CLOSING, AS DETERMINED BY HABITAT INTERNATIONAL. THE MORTGAGE RECEIVABLE DISCOUNTS ARE AMORTIZED OVER THE LIFE OF THE MORTGAGES. THERE IS NO EXPENSE REPRESENTING THE DISCOUNTS CREATED OVER THE LIFE OF THE MORTGAGES FOR 2025. THE REVENUE OF $31,945 IS THE AMOUNT OF DISCOUNT AMORTIZATION ON ALL OF OUR MORTGAGES FOR 2025, INCLUDING AMORTIZATION RECOGNIZED EARLY DUE TO EARLY REPAYMENT OF MORTGAGES SUBSEQUENT TO HOMEOWNERS SELLING THEIR HOMES. 31935 745479 true true false false false false false false false false true false false true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 16 true false false false false false false false 0 false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false X X TODD FRANICEVICH 4065498210 3655 MT-200 E MISSOULA MT 59802 X TODD FRANICEVICH EXECUTIVE DIRECTOR 40.00 0.00 73650 0 0 MEGAN ROBSON President 1.00 0.00 X 0 0 0 MATT JOSEPH Secretary 1.00 0.00 X 0 0 0 DAVID BOOTH Vice President 1.00 0.00 X 0 0 0 MATT ROSBARSKY Director 1.00 0.00 X 0 0 0 MIRIAM RICHMOND Director 3.00 0.00 X X 0 0 0 TOM FACEY Secretary 2.00 0.00 X X 0 0 0 73650 0 false false false 0 240039 1530 240039 HOUSE SALES 157609 157609 MORTGAGE DISCOUNT AMORTIZ 31935 31935 RENTAL INCOME 9865 9865 REPAIR SERVICES 57530 57530 256939 26287 26274 13 0 0 0 0 0 0 0 LOSS ON SALE OF MORTGAGES 531390 -35266 -35266 MORTGAGE PAYMENT LATE FEE 531390 1066 1066 RESTORE SALES 453000 250943 250943 216743 740008 499956 13 12342 12342 0 0 0 73650 29460 29460 14730 0 368552 281299 36104 51149 0 78697 60066 7709 10922 45715 34892 4478 6345 0 1808 1808 41617 16647 16647 8323 0 0 0 0 8565 2382 1399 4784 2996 357 2625 14 0 0 52682 33093 19589 565 540 25 0 3375 25 3350 29398 29298 100 0 8307 8307 27401 12781 14620 CONSTRUCTION COSTS 198314 198191 123 DUES AND SUBSCRIPTIONS 32682 3499 21995 7188 COGS 18199 18131 68 COMMUNITY OUTREACH 6292 1989 463 3840 1092 372 710 10 1012249 745479 139808 126962 94708 177733 0 0 0 0 0 662419 430814 8540 4083 0 2305893 29748 2237264 2276145 597196 271471 0 0 0 351819 532032 3951946 3692278 12015 13833 398821 398322 74899 86153 485735 498308 X 3466211 3193970 3466211 3193970 3951946 3692278 -272241 X false true X true false X 341939 663829 2385481 459023 240043 4090315 0 0 341939 663829 2385481 459023 240043 4090315 23567 4066748 3 74 5 11 13 106 0 0 4090421 2167585 0.99420 0.99630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2244606 2244606 12924 11763 1161 47093 16715 30378 1270 1270 2276145 CONSTRUCTION IN PROGRESS 490225 DEPOSIT 850 RIGHT OF USE ASSET 40957 532032 OPERATING LEASE 46141 PAID TIME OFF 18949 PAYROLL LIABILITIES 21063 86153 740008 740008 740008 1012249 1012249 1012249 false HABITAT FOR HUMANITY I 121 HABITAT STREET AMERICUS GA 31709 12342 0 12342 0 Additional Supplemental Information AS AN AFFILIATE OF HABITAT INTERNATIONAL, IT IS PART OF OUR COVENANT TO TITHE 10% OF ANY GENERAL DONATIONS (NOT SPECIFIED FOR LOCAL/PARTICULAR USE) TO HABITAT INTERNATIONAL FOR USE IN BUILDING LOW-INCOME HOMES. Form 990, Part VI, Section B, Line 11b A COPY OF THE COMPLETED FORM 990 WAS MADE AVAILABLE TO BOARD MEMBERS VIA EMAIL. Form 990, Part VI, Section B, Line 12c DIRECTORS WITH AN INTEREST IN ANY TRANSACTION OR CONTRACT PRESENTED TO THE BOARD OR ANY COMMITTEE ARE REQUIRED TO MAKE A PROMPT AND FULL DISCLOSURE OF THEIR INTEREST. POTENTIAL CONFLICTS ARE DISCUSSED AT THE TIME A CONTRACT OR OTHER TRANSACTION IS BROUGHT BEFORE THE BOARD. FAILURE TO DISCLOSE SUCH AN INTEREST COULD RESULT IN THE MEMBER BEING REMOVED FROM THE BOARD. Form 990, Part VI, Section B, Line 15a COMPENSATION IS DETERMINED BASED UPON COMPENSATION REVIEWS OF COMPARABLE POSITIONS AT SIMILAR NONPROFIT ORGANIZATIONS IN WESTERN MONTANA, AND THE INITIAL HIRING AND COMPENSATION AND SUBSEQUENT RAISES ARE APPROVED BY THE BOARD OF DIRECTORS. BOARD MINUTES INCLUDE ALL ACTIONS BROUGHT BEFORE THE BOARD IN ITS MONTHLY MEETINGS, INCLUDING VOTES ON PERSONNEL ISSUES SUCH AS COMPENSATION AND PERFORMANCE. Form 990, Part VI, Section B, Line 15b FOR OTHER KEY EMPLOYEES, THE EXECUTIVE DIRECTOR RECOMMENDS A SALARY FOR A PROSPECTIVE EMPLOYEE OR CURRENT EMPLOYEE AND THE COMPENSATION ARRANGEMENT IS FORWARDED TO THE BOARD FOR THEIR REVIEW AND FINAL APPROVAL. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.